FRIER EIENDOMSUTVIKLING AS

3960 STATHELLE

Finances

Share Ownership

Return on Equity

−16,22 %

Current Ratio

0,47

Debt-to-Equity Ratio

31,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	654 000	178 000	115 000	106 000
Net Income	−30 000	−6 000	22 000	7 000
Total Assets	10 977 000	7 981 000	1 361 000	1 486 000
Total Equity	185 000	215 000	221 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	654 000	178 000	115 000	106 000
Expenditure	535 000	134 000	46 000	49 000
Operating Profit	119 000	44 000	69 000	57 000
Financial Income	7 000	8 000	0	0
Financial Costs	164 000	62 000	42 000	49 000
Financial Balance	−157 000	−54 000	−42 000	−49 000
Earnings Before Tax	−38 000	−9 000	27 000	7 000
Tax	−8 000	−4 000	5 000	0
Net Income	−30 000	−6 000	22 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 636 000	2 470 000	46 000	46 000
Total Current Assets	2 341 000	5 512 000	1 315 000	1 440 000
Total Assets	10 977 000	7 981 000	1 361 000	1 486 000
Total Retained Equity	155 000	185 000	191 000	168 000
Total Equity	185 000	215 000	221 000	198 000
Total Long-Term Debt	5 788 000	962 000	803 000	950 000
Total Current Debt	5 004 000	6 804 000	336 000	338 000
Total Equity and Debt	10 977 000	7 981 000	1 361 000	1 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	138 000	63 000	100 000	106 000
Other Income	516 000	115 000	15 000	0
Revenue	654 000	178 000	115 000	106 000
Cost of Goods Sold	19 000	0	34 000	38 000
Salary Costs	4 000	1 000	0	0
Depreciation	355 000	94 000	0	0
Impairment	0	0	0	0
Expenditure	535 000	134 000	46 000	49 000
Operating Profit	119 000	44 000	69 000	57 000
Financial Income	7 000	8 000	0	0
Financial Costs	164 000	62 000	42 000	49 000
Financial Balance	−157 000	−54 000	−42 000	−49 000
Dividends	0	0	0	0
Net Income	−30 000	−6 000	22 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	4 000	0	0
Real Eastate	8 266 000	2 367 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	358 000	98 000	0	0
Total Tangible Assets	8 623 000	2 466 000	0	0
Total Fiancial Fixed Assets	0	0	46 000	46 000
Total Fixed Assets	8 636 000	2 470 000	46 000	46 000
Stock	1 270 000	4 215 000	1 270 000	1 351 000
Total Investments	0	0	0	0
Cash, Bank	71 000	411 000	42 000	45 000
Total Current Assets	2 341 000	5 512 000	1 315 000	1 440 000
Total Assets	10 977 000	7 981 000	1 361 000	1 486 000
Total Equity	185 000	215 000	221 000	198 000
Short-Term Group Debt	2 811 000	1 616 000	262 000	0
Total Long-Term Debt	5 788 000	962 000	803 000	950 000
Creditors	15 000	1 056 000	0	48 000
Unpaid Taxes	0	0	24 000	17 000
Dividends	0	0	0	0
Other Current Debt	2 178 000	2 100 000	46 000	273 000
Total Current Debt	5 004 000	6 804 000	336 000	338 000
Total Equity and Debt	10 977 000	7 981 000	1 361 000	1 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,22 %	−2,79 %	9,95 %	3,54 %
Debt-to-Equity Ratio	31,29	4,47	3,63	4,8
Operating Profit Margin	18,2 %	24,72 %	60 %	53,77 %
Current Ratio	0,47	0,81	3,91	4,26
Quick Ratio	0,63	2,13	−1,41	−1,42
Equity Ratio	0,02	0,03	0,16	0,13
Gross Profit Margin	97,09 %	100 %	70,43 %	64,15 %